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Bullboard - Stock Discussion Forum Galway Resources Ltd V.GWY

TSXV:GWY - Post Discussion

Galway Resources Ltd > End game scenario
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Post by Geef on Mar 23, 2012 4:01pm

End game scenario

I am having difficulty in understanding the logic of keeping drill results under wraps for 4 months, assuming that is that they are positive. How can it possibly be in GWy`s interest to follow a path that caps the price of the shares.  It certainly does not improve your negotiating position with a prospective buyer.

What am I missing?

Comment by maurizion on Mar 23, 2012 4:02pm
This is sure not acting like a stock with great news on the horizon. If it looks too good to be true it usually is.  
Comment by Loiscast on Mar 23, 2012 5:11pm
It is ideed strange to hold off info and not allow the SP to appreciate. Unless, there is already a buyer that knows the results and is calling the shots before release of the 43-101. That, would be too good to be true, but to let the SP stagnate does nothing for shareholder value. Logic says there is something at play, hopefully a buyer.
Comment by TheBud306 on Mar 23, 2012 5:44pm
Been burned a few times on Jr's like this.... This is showing the tell tale signs of a burn in the works once again... Hmm maybe third time is a charrm? Doubtful...
Comment by NaturalCurrency on Mar 23, 2012 6:02pm
Sudden emergence of nay sayers means that something positive has been leaked?
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